Own a true piece of Downtown Boonville history! This 2-story brick bldg., once home to the iconic Palace Restaurant, offers endless potential in a prime location near the MKT/Katy Trail & Hotel Frederick. Main lvl (2,010 SF) is fully equipped w/ commercial kitchen, tables & booths conveying. Huge usable bsmt plus 1,490 SF 2nd story (unfinished) ideal for lofts, offices, or expansion. Dual central HVAC. With its historic charm, prime riverfront district location & strong foot traffic, this property is perfect for restaurant, retail, event venue or mixed-use. A once-in-a-lifetime chance to revive a Boonville landmark!